Twin flame chaser doubtWelcome to Kung Fu Tea’s Fresh - Innovative - Fearless world of bubble tea (boba) and other tasty, refreshing beverages. All drinks are made with fresh, premium ingredients. Download the Kung Fu Tea app to earn rewards! Nov 18 – Panama signs a treaty with the US – granting it exclusive & permanent possession of the Panama Canal Zone. What Panama Received For Canal. In exchange, Panama received an initial $10 million, which is the rough equivalent of 285 million in today’s dollars. Then starting 9 years later, Panama received $250,000 annually. More Information and Timeline For the Panama Canal back to Panama 1. 1904 Isthmian Canal Commission gains control of the Panama Canal Zone over which the United States exercises sovereignty 2. 1905 to 1914 Planning and construction of the Panama Canal 3. 1914 The Panama canal is 47.9 miles long joining the Atlantic Ocean and the Pacific Ocean 4.